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194. Are Short Term Rentals in the Smokies Still Viable with Leslie Anne Morris

Join Mike Cavaggioni with Leslie Anne Morris on the 194th episode of the Average Joe Finances Podcast. Leslie Anne shares her expertise and strategies to motivate others and create a passive income in short-term rentals. 

In this episode, you’ll learn:

• Find the Who & Get Started in Real Estate Investing 
• Current Environment in the Smoky Mountain Short-Term Rentals
• The underwriting metrics of Passive Investing in Short Term Rentals
• Why are there only 31% of women real estate investors and how can we change this
• And so much more!

About Leslie Anne Morris:

Leslie Anne Morris began her Smoky Mountain investing journey while earning her MBA at the University of Southern California and working in Los Angeles as a commercial banker. For over twenty years, Leslie helped high-profile clients like SpaceX and closed a $50 million private equity deal. She applies the same underwriting strategy to building her growing real estate portfolio.

From the minute she closed on her first investment cabin in 2019, she knew she had made the right choice. The cash flow allowed her to rapidly scale her portfolio to double digits and a value of $7 million in less than three years. Besides that, Leslie fell in love with Tennessee and moved there in 2020. She quickly founded two sister companies; a property acquisition company, Invest in the Smoky Mountains, and Josh’s Cabins Management, a full-service property management company. Her one-stop shop allows out-of-state investors an opportunity to create passive income by offering concierge-style service to guests without the hassle of self-management. 

She travels extensively throughout the United States as a highly sought-after motivational speaker focusing on the incredibly lucrative short-term rental asset class. Recognizing the lack of women real estate investors, Leslie has made it her mission to be a driving force to empower women to begin real estate investing. She aims to empower 1,000 women to become millionaires by investing in short-term rentals. She has been featured on ABC, NBC, Fox, and CBS networks. In addition, she is a popular guest on highly-rated real estate podcasts and most recently was highlighted by the Tennessee Department of Tourism Board. 

Find Leslie on:

Website: https://leslieannemorris.com/

Instagram: https://www.instagram.com/leslie.anne.morris/

Facebook: https://www.facebook.com/leslieannemorristn/

LinkedIn: https://www.linkedin.com/in/leslieannemorris/

Tiktok: https://www.tiktok.com/@leslieannemorris 

Average Joe Finances®

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REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon

Important Tools and Resources that I Use

Financial Resources: www.averagejoefinances.com/resources

CRM Tool: www.averagejoefinances.com/crm

Pay Off Your Mortgage in 5-7 Years:

www.theshredmethod.com/averagejoefinances

https://bit.ly/replaceyourmortgage

Find a REALTOR® in any state: www.averagejoefinances.com/realtor

Make Real Estate Investing Easier with DealMachine:

www.averagejoefinances.com/dealmachine

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Podcast Editing Services: www.editpods.com

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